Data Bytes
Brazil’s industrial confidence stays stable in October
Brazil’s industrial entrepreneurs’ confidence indicator recorded a slight improvement to 61.8 in October
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China’s producer inflation stays in negative territory for the eighth consecutive month
This followed a 2.4% y/y drop in July and a 2% y/y decline in August
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China’s Golden Week air travel stays below the pre-pandemic levels
China’s air travel during that week declined by 8.7% y/y
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China’s Taobao and Tmall online sales continue to grow in September
Taobao’s and Tmall’s sales of notebook computers surged by 32.96% y/y in September
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Inflation in Colombia might have bottomed out
In August the indicator fell as low as 1.87% y/y
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Russia’s consolidated government revenue keeps declining
From January to August 2020, the consolidated government revenue decreased by 7.7% y/y
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New cars sales in Brazil continue to improve on a monthly basis
Despite improving on a monthly basis, the car retail sales in Brazil stay below the levels observed before the COVID-19 pandemic
Data Bytes
Brazil’s composite PMI decreases slightly to 53.6 in September
In September, the services PMI went back to expansion territory, recording 50.4